Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)
Taylor Morrison Home's Operating Expenses came in at $58.97 million for Q1 2026, down 12.7% from $67.55 million a year earlier and down 20.3% from the prior quarter.
Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Taylor Morrison Home reported Operating Expenses of $264.93 million, down 15.7% year-over-year; for FY2025, it came in at $273.51 million, down 13.0% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -3.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $314.41 million in FY2024 (+12.1%), $280.57 million in FY2023 (+14.5%), $245.14 million in FY2022 (-63.3%) and $668.34 million in FY2021 (+107.5%).
- The Q1 2026 figure represents the lowest quarterly Operating Expenses since Q4 2022.
- Year-over-year, Operating Expenses has declined for four consecutive quarters, with an average decline of 2.1% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 613.3%), and the weakest in Q1 2023 (a decline of 57.9%).
- Business Quant data shows TMHC's Operating Expenses at $74.03 million (Q4 2025), $65.28 million (Q3 2025) and $66.66 million (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 7.54 Bn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 52.38 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 958.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 58.97 Mn |
| Dec 31, 2025 | 74.03 Mn |
| Sep 30, 2025 | 65.28 Mn |
| Jun 30, 2025 | 66.66 Mn |
| Mar 31, 2025 | 67.55 Mn |
| Dec 31, 2024 | 82.44 Mn |
| Sep 30, 2024 | 81.63 Mn |
| Jun 30, 2024 | 82.78 Mn |
| Mar 31, 2024 | 67.56 Mn |
| Dec 31, 2023 | 74.67 Mn |
| Sep 30, 2023 | 68.99 Mn |
| Jun 30, 2023 | 70.65 Mn |
| Mar 31, 2023 | 66.26 Mn |
| Dec 31, 2022 | -224.72 Mn |
| Sep 30, 2022 | 147.05 Mn |
| Jun 30, 2022 | 165.54 Mn |
| Mar 31, 2022 | 157.27 Mn |
| Dec 31, 2021 | 466.37 Mn |
| Sep 30, 2021 | 70.43 Mn |
| Jun 30, 2021 | 70.00 Mn |
Taylor Morrison Home Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TMHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TMHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TMHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();